By-Health Co.Ltd(300146) 3 issued the 2021 annual report on March 5. During the reporting period, the company achieved an operating revenue of 7.431 billion yuan, an increase of 21.93% year-on-year; The net profit attributable to shareholders of listed companies was 1.754 billion yuan, a year-on-year increase of 15.07%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 1.54 billion yuan, a year-on-year increase of 34.59%. Among them, the main brand ” By-Health Co.Ltd(300146) ” achieved a revenue of 4.445 billion yuan, a year-on-year increase of 24.36%; The revenue of “life space” Chinese products was 184 million yuan, a year-on-year increase of 36.33%.
Euromonitor data show that in 2021, the total retail scale of China’s vitamin and dietary supplement (VDS) industry was 189.2 billion, with a growth rate of about 6.6%. The company’s market share is 10.3%, ranking first. The second and third market shares were 6.0% and 5.0% respectively. Compared with the previous year, the company’s leading edge has expanded.
In 2021, the company firmly implemented the scientific nutrition strategy and achieved a number of scientific research achievements. Launch a new product “shubaining” to assist in reducing blood lipids and lay out the field of cardiovascular health; Release the first personalized customized vitamin concept product, and actively promote the transformation of basic research and precision nutrition application; In cooperation with the expert teams of many global institutions such as the Shanghai Institute of nutrition and health of the Chinese Academy of Sciences and the Mayo Clinic, the anti-aging substance PCC1 was extracted from specific grape seeds to safely remove aging cells. The global authoritative scientific magazine Nature metabolism published this anti-aging scientific research achievement.
In November, freestyle skiing champion Gu ailing became the ambassador of By-Health Co.Ltd(300146) yep scientific nutrition brand. In December, the company became a supplier of sports food and nutrition for Team China’s national team, providing sports food, nutrition and professional nutrition preparation plans for athletes of more than 70 teams of the national team. At the same time, By-Health Co.Ltd(300146) jianlido has become the official supplier of bone health and nutrition products for the 19th Asian Games in Hangzhou in 2022, enabling sports with scientific nutrition.
From global raw materials, transparent factories to scientific nutrition strategy, the company is leading the “upward competition curve” with “upward thinking” with innovation and differentiation as the core, so that users can obtain higher product quality and better experience, and support the sustainable and healthy development of the enterprise.
The annual report also published a letter from Liang Yunchao, chairman of the company, to shareholders, proposing to preliminarily complete the transformation of strong scientific and technological enterprises in another eight years, hoping to launch an original high-tech content and heavy-function product developed by the company to the market every two or three years, which can effectively bring incremental value to the health of consumers; In the future, we can continue to release forward-looking research results such as anti-aging and precision nutrition similar to PCC1 around the world, bringing incremental value to the VDS industry.
Since 2014, the company began to implement the strategic transformation of functional independent innovation R & D, and achieved a series of advanced scientific and nutritional achievements, including a number of innovative new functional products and phased scientific research achievements such as PCC1 basic research.
The company said that it would deeply implement the “scientific nutrition” strategy and continue to build a different By-Health Co.Ltd(300146) “hard technology” product power and scientific and technological competitiveness, enabling the scientific and technological content of VDS industry; Continuously strengthen and consolidate the scientific and technological strength of the company’s “high-precision and advanced” functional health food products with outstanding competitive advantages, and enlarge the company’s unique advantages.
According to the company, the implementation of the “scientific nutrition” strategy will highly focus on building the core competitiveness of science and technology. The specific implementation is reflected in three aspects: 1. Form a differentiated advantage in homogeneous competition through the research and development of patented raw materials and formulas; 2. Carry out R & D and registration of new function and heavy function products, and implement the core technology into the product strength; 3. Lay out forward-looking basic research and industrial transformation represented by anti-aging and precision nutrition, deepen basic research in key areas, implement the output of scientific research achievements and promote industrial transformation.
The company revealed that By-Health Co.Ltd(300146) nutrition and Health Research Institute Shanghai Research Center and AI research center will be established in 2022.
Liang Yunchao believes that the company should learn from global benchmark pharmaceutical enterprises and strive to become one of the VDS enterprises with the strongest scientific and technological power and innovation in the world. (Huang Shu)
